Bharti Airtel tops Street estimates; Tata Motors revenue lags

Q4 Results Live Updates: Cipla reported its March quarter earnings, in which its net profit for the quarter increased by 30% from the year-ago period to ₹1,214 crore. A CNBC-TV18 poll had pegged the figure at ₹1,052 crore. The drugmaker reported a 16% jump in its other income, which contributed to its profitability, along with a lower tax outgo. Investors are also awaiting numbers from Tata Motors, which will be reporting its results later today. The company is likely to reported a muted quarter with volumes having declined for most of its segments during the January-March period.Q4 Results Live Updates: The fourth quarter earnings season is underway and as many as 20 important names will be reporting their earnings for the January to March period on Tuesday, May 13. Cipla reported its March quarter earnings, in which its net profit for the quarter increased by 30% from the year-ago period to ₹1,214 crore. A CNBC-TV18 poll had pegged the figure at ₹1,052 crore. The drugmaker reported a 16% jump in its other income, which contributed to its profitability, along with a lower tax outgo.Tata Motors will be reporting its results later today. The company is likely to reported a muted quarter with volumes having declined for most of its segments during the January-March period.Others companies like Bharti Airtel, Hero MotoCorp, Gail (India), Siemens, Honeywell Automation, Aditya Birla Capital, Bharti Hexacom, GSK Pharma, Garden Reach Shipbuilders & Engineers, ITD Cementation, Max Financial, Metropolis Healthcare, NIIT, Patel Engineering, Suven Life Sciences, Syrma SGS Technology, VIP Industries, and VST Tillers will also declared their earnings today. Follow CNBC-TV18’s live blog for the latest updates on Q4 results today.

Source link